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spluque
New Member

How do I fill "Proceeds of disposition" and "Adjusted Cost Base" under the "Sale of your Principal Residence" section?

 
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How do I fill "Proceeds of disposition" and "Adjusted Cost Base" under the "Sale of your Principal Residence" section?

The amount you received for the property after it was sold is referred to as the proceed of disposition. The Adjusted Cost Base (ACB) is the amount you pay to acquire the house.

 

For more information, please see our TurboTax article. Proceeds of Disposition

For more information, please see our TurboTax article. Calculating Adjusted Cost Base

 

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